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National Urban League Slams Nike for $315 ‘Lebron X’ Sneaker, Calls It an “Empty Status Symbol”

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  1. If it’s not the Lebrons, it will be Red Bottoms, or the new X-Box, or the new virgin remy hair that Angela Simmons is pushing. If you cannot afford it, don’t buy it. We cannot expect corporations to have a moral obligation to the communities that purchase their goods. It would be nice, and I’m sure some “give back” but we all know what’s the priority for them is, and that’s the bottom line. They are right to say it’s an empty status symbol, it is, but teaching kids fiscal responsibilty is a parent’s job that hopefully carries over into adulthood. If ppl wanna look fly in the club knowing damn well all they eatin at home is ramen noodles, that’s on them…

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  2. I personally only have ever bought $85 nikes to actually play a sport (basketball). Other than that, $20 shoes have always been fine with me. I blame our communities, and more specifically parents, for not teaching their children to be financially responsible.

    Its hard to blame Nike when it is a corporation whose aim to make money.

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  3. I think that if a person wants them then it’s their right to get them. What the individual chooses to do with their money is their choice. There are a multitude of people who are simply collectors and view this shoe as another win for their collection. Back in the day it was comic books, marbles and coins. Today it’s sneakers. $300 is nothing to the person that will travel the country and outside of the states for that one hot shoe. What I don’t appreciate is Nike blaming the increase in the cost of the shoe on the increase in the cost of raw materials. Everyone knows Nike does not produce their shoes here in the states and are paying pennies in production. Everyone knows this. I would probably guess the retail markup on this shoe is well over quadruple what it costs to produce and I would challenge Nike to actually be honest about what it costs to produce the shoe so people can really see what they are paying for.

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